Bitcoin failing as a payment method

[Newsfeed]

Bitcoin failing as a payment method

 

[Adrianax]

He he he They are not the only processor about to drop BC payments.

 

[cerebus]

Well yeah. I mean how on earth can you hope to transact in a currency that can fluctuate wildly over the course of a single day? And when BTC is viewed primarily as an investment vehicle, how can it possibly stabilise enough to be useful as currency?

 

[backstreetboy]

Should've supported ethereum and litecoin aswell, BTC will come back with a bang...

 

[NarrowBandFtw]

Stripe is effectively running Shopify Payments as well right?

So this removes BTC from the bulk of the Shopify universe actually, necessitating that shops who still wish to accept BTC look into additional payment plugins instead of just sticking with the tried and tested default.

 

[NarrowBandFtw]

BTC is viewed primarily as an investment vehicle

I still cringe when the word "investment" is used in the context of BTC. Might as well call it investing if you head to the casino or horse racing track.

It is pure speculation.

 

[/dev/null]

How many bitcoins for an ice-cream?

 

[Solitude]

It'll be interesting to see if the Lightning Network maybe fixes Bitcoin as a payment method in the future.